Defendant Name:
GlobalSantaFe Corp.
Defendant Type:
Public Company
SIC Code:
1381
CUSIP:
G3930E10
Document Reference:
comp21724
Document Details
Legal Case Name
SEC v. GlobalSantaFe Corp. (c/k/a Transocean Worldwide Inc.)
Document Name
Complaint
Document Date
04-Nov-2010
Document Format
Civil Proceeding
Case Number
10-cv-01890
Federal District Court
District of Columbia, District of Columbia
Federal District Judge
Rosemary M. Collyer
Allegation Type
Foreign Corrupt Practices Act
Document Summary
On November 4, 2010, the SEC filed a complaint against GlobalSantaFe Corp. According to the SEC: "From approximately January 2002 through July 2007, GlobalSantaFe Corp. ('GSF') violated the anti-bribery, books and records, and internal controls provisions of the Foreign Corrupt Practices Act (the 'FCPA') when GSF made illegal payments through customs brokers to officials of the Nigerian Customs Service ('NCS') in order to obtain preferential treatment during the customs process for the purpose of assisting GSF in retaining business in Nigeria."